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    Oil Up on Economic Data Despite EU Contagion Worry

    Investing News Network
    Nov. 15, 2011 03:42PM PST
    Oil and Gas Investing

    Fox Business reported oil surged bolstered by data that pointed to continued economic growth in the fourth quarter.

    Fox Business reported oil surged bolstered by data that pointed to continued economic growth in the fourth quarter.

    As quoted in the market news:

    U.S. retail sales rose and wholesale prices fell in October and a gauge of New York state manufacturing showed growth in November, bolstering hopes for a stronger fourth-quarter economy.

    Click here to read the full Fox Business report.

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